I am sharing the first one I made here this evening. Although I made it back in December, before the market correction, I would make the exact same statements today. Investing in the stock market is the best vehicle to wealth there is.
My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.
If you have money in the stock market, you love days like today!
Last night, after the close, Netflix (NASDAQ: NFLX) reported earnings. It turns out they added 7.4 million new subscribers during the first quarter. The stock was trading up 7% immediately following that report.
If you were one of the smart people that bought and held Netflix over the last 15 or so years, more power to you! Unfortunately I’m not one of them.
Today’s action got me to thinking about something: No matter how hard you work, your money can and will always outwork you.
Humans can’t work 24 hours a day. They simply can’t. However…your money can.
The best thing about investing in stocks is that your money is constantly working hard for you.
Netflix was up 9% today. Ask yourself a question: Could you increase your income by 9% this week, month or year? Hell, Netflix made its investors 9% richer in one day!
You will never outwork your money! So you should stop trying – and just put your money to work.